If you want to raise **business** $$ for an AGI project 5 years from now,
the best thing you could do IMO would be to spend the next 5 years becoming
successful **in business**

Then you will be able to go to investors with a load of biz credibility.
You'll also have some of your own $$ to invest.  And, you'll easily be able
to line up PhD advisors to give you academic cred.

The downside is, you'll make no AGI progress during those 5 years,
implementationwise or conceptually, because becoming successful in business
requires both luck and a lot of work (well, OK, unless the amount of luck is
incredible...)

There are many good reasons to get a PhD, but to boost your odds in raising
startup $$ is really not one of them...

If academic credibility were the key to getting biz funding for AGI, I
suppose Novamente LLC would have been funded by now, rather than being an
eternally-marginal software consulting company doing AGI R&D on the side.
We certainly have enough publications and academic cred, and a bunch of PhDs
on staff in addition to me.

ben g

On Wed, Dec 17, 2008 at 4:00 PM, YKY (Yan King Yin) <
[email protected]> wrote:

> > On the contrary, getting a PhD is an astoundingly poor strategy for
> raising
> > $$ for a startup.  If you have a talent for biz sufficient to raise $$
> for a
> > startup, you can always get some prof to join your team to lend you
> academic
> > credibility.
> >
> > It is also useful in terms of lending you more credibility when you talk
> > about your own wacky research ideas.  This may be part of YKY's
> motivation,
> > and it's a genuinely meaningful one.  But having credibility when talking
> > about research ideas is not particularly well correlated with being able
> to
> > raise business funding.
>
> Getting business funding may be an inherently hard thing to do.  So,
> other things being equal, spending some time + money on a PhD degree
> may still be better than all other options.  That's my current
> reasoning...
>
>
> -------------------------------------------
> agi
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-- 
Ben Goertzel, PhD
CEO, Novamente LLC and Biomind LLC
Director of Research, SIAI
[email protected]

"I intend to live forever, or die trying."
-- Groucho Marx



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agi
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